187 Cox AveLinwoodNC27299
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Linwood at 187 Cox Ave, Linwood, NC, 27299 priced at $145,000 pairs $1,154/mo rent with $270/mo cash flow after a $710/mo payment. Total monthly income equals $1,154/mo, and annual cash flow comes to $3,240/yr on $48,068 invested. Return on cash invested is 26.65% in year one, and rental yield stands at 9.55% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 138.82% and total cumulative return in cash reaches $66,728. For financing, Ziffy Mortgage’s DSCR program evaluates $1,154/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27299, Linwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,196 (100%) |
| Owner Occupied HU | 1,611 (73.4%) |
| Renter Occupied HU | 422 (19.2%) |
| Vacant Housing Units | 163 ( 7.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $281,597 |
Housing Distribution
Address Breakdown
Residential
2,067
Single Family
2,067
Multi-Family
0
Businesses
110
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Listed by: Stephanie Hanna • Home Sweet Home Real Estate, LLC
Mls Name: Triad MLS
Mls ID: #1207243